Buying Structured Settlements

Buying Structured Settlements Buying of structured settlements in the secondary market has been a booming business that has until of late been relatively a top-secret need to know topic. What are you buying? Well, you are buying a future payment stream… Continue reading Buying Structured Settlements

Structured Settlement Lawyer

Transfers of Structured Settlement Payment Rights Most Misunderstood Courthouse Terms, R-V Remand – Return the defendant to custody to await further action. Satisfaction of Judgment – The discharge of an obligation by a paying party what is awarded to him, by the judgment of a court or otherwise. Stay – The act of stopping a proceeding by a court order. Stipulation – An agreement between the parties or their atttorneys. Summary Judgment – When the judge decides a case without going to tria […] Continue reading Structured Settlement Lawyer

PART II of IV of §10135. “Transfers governed by article; Requirements

PART II of IV of §10135. “Transfers governed by article; Requirements 10135 second subsection is (b), and it is the second out of three types of transfers that fall under this Continue reading PART II of IV of §10135. “Transfers governed by article; Requirements

Transfers of Structured Settlement Payment Rights

Block 16.1  Article 2.3 Transfers of Structured Settlement Payment Rights   Law Requiring Service On the Attorney General of all Transfer Documents:  Introducing CA Insurance Code 10139(a)   This task is the responsibility of the transfer company, and if it isn’t done, the transfer will not go through.  The filing to the Attorney General takes place at the same time the transfer company files the petition to the Superior Court.   You can visit this website:  http://oag.ca.gov/services-info-3 and view the Attorney General’s law on receiving documents of transfers from Superior Courts.  Just scroll down the opening page of the above […]

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Maryland Independent Professional Advice

Maryland Residents:  You must have independent professional advice  Maryland Independent Professional Advice If you are a Maryland resident and you are interested in selling your structured settlement payment rights, you must obtain independent professional advice.  Below we cite how Maryland defines independent professional advice, and then we cite the code that REQUIRES you to have independent professional advice.   5-1101(c) Independent professional advice.–“Independent professional advice means advice of an attorney, certified public accountant, actuary, or other licensed professional adviser: (1) Who is engaged by a payee to render advice concerning the legal, tax, and financial implications of a transfer structured […]

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Companies Can Still Buy Structured Settlement Payments Part IV

Buy Structured Settlement Payments Companies Can Still Buy Structured Settlement Payments Part IV If you have sustained an injury that has rendered 100% loss of your body movement or half of your body or 100% loss of your vision or 100% loss of your he… Continue reading Companies Can Still Buy Structured Settlement Payments Part IV

Structured Settlements in 2016

Outlook for the life and structured settlements markets in 2016 February 2016  |  10QUESTIONS  |  FINANCE & INVESTMENT financierworldwide.com 78 FW speaks with Corwin Zass, the founder and principal of Actuarial Risk Management, Ltd, abou… Continue reading Structured Settlements in 2016

Buyers of Structured Settlements

As a structured settlement expert you would expect one to stay up to date on the structured settlement industry. One of the major Buyers of structured Settlements made the news again. Continue reading Buyers of Structured Settlements

The Virginia Structured Settlement Protection Act

The Virginia Structured Settlement Protection Statute § 59.1-475. Definitions. For purposes of this chapter: “Annuity issuer” means an insurer that has issued a contract to fund periodic payments under a structured settlement. “Dependents” include a payee’s spouse and minor children and all other persons for whom the payee is legally obligated to provide support, including alimony. “Discounted present value” means the present value of future payments determined by discounting such payments to the present using the most recently published Applicable Federal Rate for determining the present value of an annuity, as issued by the United States Internal Revenue Service. “Gross […]

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Buying Structured Settlements

Buying Structured Settlements Buying of structured settlements in the secondary market has been a booming business that has until of late been relatively a top-secret need to know topic. What are you buying? Well, you are buying a future payment stream… Continue reading Buying Structured Settlements